Titan Global Finance PLC intends to issue additional notes in connection with a reopening of the €250,000,000 2.375 per cent guaranteed notes issued by the company in November 2017

Following completion of the issue and offering in November 2017 of €250,000,000, Guaranteed Notes (the “Original Notes”), with a coupon of 2.375 per cent due 2024, admitted to trading on the Irish Stock Exchange, Titan Global Finance PLC (the “Issuer”), a subsidiary of Titan Cement Company S.A., announced today its intention to issue additional notes with an expected principal amount of €50,000,000, with the same terms and conditions as the Original Notes (the “Additional Notes”). The Additional Notes are also expected to be admitted to trading on the Irish Stock Exchange. Upon completion of the issue, the Additional Notes will be treated as a single series with the Original Notes.

HSBC Bank plc, Société Générale, National Bank of Greece of Greece S.A., and Raiffeisen Bank International AG have been appointed as Managers in respect of the Additional Notes.

The proceeds of the New Notes will be used for general corporate purposes, including repayment of bank and other debt.

The issue of the Additional Notes is subject to conditions including the successful pricing (in the determination of the Issuer) of the Additional Notes.